Alibaba Group Holding Limited $BABA Shares Bought by Hantz Financial Services Inc.

Hantz Financial Services Inc. lifted its holdings in Alibaba Group Holding Limited (NYSE:BABAFree Report) by 15.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 68,735 shares of the specialty retailer’s stock after buying an additional 9,003 shares during the quarter. Hantz Financial Services Inc.’s holdings in Alibaba Group were worth $10,075,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Capital World Investors boosted its stake in shares of Alibaba Group by 1,074.9% in the third quarter. Capital World Investors now owns 6,038,318 shares of the specialty retailer’s stock valued at $1,079,229,000 after purchasing an additional 5,524,354 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Alibaba Group by 7,680.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,014,147 shares of the specialty retailer’s stock valued at $881,554,000 after purchasing an additional 5,936,847 shares during the period. Fisher Asset Management LLC boosted its stake in shares of Alibaba Group by 0.5% in the third quarter. Fisher Asset Management LLC now owns 5,293,597 shares of the specialty retailer’s stock valued at $946,125,000 after purchasing an additional 26,156 shares during the period. American Century Companies Inc. boosted its stake in shares of Alibaba Group by 17.7% in the third quarter. American Century Companies Inc. now owns 2,987,539 shares of the specialty retailer’s stock valued at $533,964,000 after purchasing an additional 448,484 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Alibaba Group by 8.9% in the third quarter. Dimensional Fund Advisors LP now owns 2,028,659 shares of the specialty retailer’s stock valued at $362,582,000 after purchasing an additional 166,134 shares during the period. 13.47% of the stock is currently owned by hedge funds and other institutional investors.

Alibaba Group Trading Up 0.0%

NYSE BABA opened at $130.02 on Monday. Alibaba Group Holding Limited has a 12 month low of $103.71 and a 12 month high of $192.67. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.28 and a quick ratio of 1.33. The company has a market capitalization of $311.91 billion, a price-to-earnings ratio of 21.35, a price-to-earnings-growth ratio of 2.26 and a beta of 0.50. The company’s fifty day moving average price is $131.59 and its two-hundred day moving average price is $147.73.

Alibaba Group (NYSE:BABAGet Free Report) last posted its quarterly earnings data on Tuesday, March 31st. The specialty retailer reported $0.01 EPS for the quarter. Alibaba Group had a net margin of 10.31% and a return on equity of 4.76%. The firm had revenue of $35.30 billion for the quarter. As a group, research analysts predict that Alibaba Group Holding Limited will post 6.67 earnings per share for the current fiscal year.

Alibaba Group Dividend Announcement

The business also recently disclosed an annual dividend, which will be paid on Monday, July 13th. Shareholders of record on Thursday, June 11th will be paid a dividend of $1.05 per share. This represents a yield of 72.0%. The ex-dividend date is Thursday, June 11th. Alibaba Group’s dividend payout ratio is 15.60%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on BABA. Wall Street Zen upgraded shares of Alibaba Group from a “sell” rating to a “hold” rating in a research note on Saturday. Barclays upped their target price on shares of Alibaba Group from $186.00 to $195.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. BNP Paribas Exane began coverage on shares of Alibaba Group in a research note on Wednesday, April 29th. They issued an “outperform” rating and a $209.00 target price for the company. Morgan Stanley upped their target price on shares of Alibaba Group from $180.00 to $190.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. Finally, DZ Bank downgraded shares of Alibaba Group from a “buy” rating to a “hold” rating and set a $135.00 target price for the company. in a research note on Friday, March 20th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Alibaba Group currently has an average rating of “Moderate Buy” and a consensus target price of $188.76.

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Key Alibaba Group News

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Alibaba Group Profile

(Free Report)

Alibaba Group Holding Limited is a Chinese multinational conglomerate founded in 1999 in Hangzhou, China, by Jack Ma and a group of co‑founders. The company built its business around internet-based commerce and related services and has grown into one of the largest e-commerce and technology companies in the world. Alibaba completed a high‑profile initial public offering on the New York Stock Exchange in 2014.

The company operates a portfolio of online marketplaces and platforms serving different customer segments: Alibaba.com for global and domestic B2B trade, Taobao for consumer-to-consumer shopping, and Tmall for brand and retailer storefronts targeted at Chinese consumers.

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Institutional Ownership by Quarter for Alibaba Group (NYSE:BABA)

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